Member Info for TalkingSense

Still wrong TI.....Gold now a touch over $2200 ( a couple of years ago everyone was getting excited when it his $1750)

Buy orders filled @ 0.3

Or will it be the sale of the property that raises the cash.

....or the monetisation of the tax credit.

.....or the Fosterville South payments

(it sure as hell won't be the Argentina payments....that was a dead duck).

The next cash injection to the company won't necessarily be through a raise

Morning Oiland,

They don't have to 'ramp' the company to get their salaries paid as they are paid in shares.

I believe Doc has business experience including (from memory) fund raising for a drilling programme, I think in the med .

Nick Tulloch who came to the company with Doc also has a wealth of business experience

Since they have come to the company they have sorted out the funding issue with ECR fully funded for G&A and all exploration activity for 2024, completed two drilling campaigns in Creswick (awaiting results on Kuboid Hill), accelerated the sampling programme at Lolworth with excellent initial results, stopped the overpriced Hurricane 'merger' and got the Kondaparinga license which is adjacent to Hurricane, and outlined the exploration plan for this year including another two drilling campaigns, sampling, activity at Tambo, trenching at Lolworth and a number of other activities.

They've also sought advice on monetising the tax credit ECR (MGA) hold, got planning permission to increase the saleability /value of the remaining property and increase the SP from the low 0.2s to in the 0.3s where we now sit.

So not a lifestyle company sitting on their hand , but a fully active company whose BOD is aligned with shareholders and with many 'game changing' possibilities on a number of fronts.

Would be a buy at the SP St the end of the day.

Not really important.....Good volume this week and ended level......bit of a roller coaster through the week.

So no change in the SP for the week but another £500k in the bank account and two more drilling programmes confirmed.

Delayed 36m buy just gone through from end of play yesterday

So a week ago the SP was at 0.31

Now we have £500k in the bank, exploration for the year is funded and the SP is at 0.35.

Likely the placing was arranged a week ago at no/minimal discount to the SP.

And some are framing this as a negative?

Mental, the placing would not have been agreed and signed yesterday do the 0.3 price is likely on or ahead of the SP when it was agreed which shows the takers of the placing have faith in the company.

Disappointed that the momentum here has stalled, but as you say the drilling results will be key to reignited (or not) the momentum.

I'll stop posting for today as it will (has already) deteriorated in to one line trolling and arguing.

GLA , whatever your strategy here.

Just to put it in perspective, the placing price is only 0.01p less than the closing price last week and higher than the SP has been for the last 6 months.

The trolls (morning SV) will try and paint this negatively, however bar the last 3 trading days this raise is at an excellent price.

The BOD and suppliers are aligned with shareholders in wanting the SP to rise and we have activity planned now at multiple licenses in Queensland and Victoria.

The SP will have an initial dip today (will likely finish ahead of last weeks 0.31 close) but will bounce back.

Kuboid Hill results to come and if the are positive (indicators are good) then the 0.3s will be well in the rear view mirror.

Not just for Queensland...on multiple projects.

Going to be a lot of newsflow.

First on the taxi rank: Kuboid Hill drilling results

LOP,

I would expect that the full results for all 17 drill holes at Kuboid Hill will be released in one RNS.

They drilled 17 holes at KH.

What will be interesting is to see if 17 was the original plan or if the geological information they found as they drilled led to extra holes (did the reef extend?).

Davey Road and Kuboid Hill are the first two of over ten identified target areas at Creswick and if these results are successful the company is looking to repeat the method and results at the other identified areas , so plenty of Creswick/Victoria related activity and newsflow to come.

0.4 is a c£6.2m mcap........still massively undervalued IMHO.

Could easily go £16m+ mcap (1p+ SP) on good drilling results

Fully funded for 2024 !

Drill results due from Kuboid Hill

Plan of action at Lolworth should be forthcoming in the next few weeks.

Deal on the tax credit ????

A lot to come from ECR and should have good newsflow through the summer

Inciteful as ever SV

17 drill holes to be reported on any time now

Morning Scarlet, Not trolling HE1 today as it's going up (I see you did not appear yesterday when the SP here was rising)?

Still posting generic meaningless one liners.

What are your thoughts on the upcoming Kuboid Hill drilling results and what would you regard as a positive outcome there?

Morning ARahim,

I think you mean a$75m on the tax loss value.

I agree with you this has a good chance to rise significantly if the imminent Kuboid Hill drilling results are positive and Creswick continues to produce good gold results.

In the medium term Lolworth trenching, sampling and drilling will recommence and then the market will see (I don't know how it's missed it so far???) the enormous potential there for gold, lithium and rare earth elements.

News will ultimately drive the SP

Tamer, It's not etiquette, It's just not being a knob, calling out everyone and provoking an argument for no reasonand posting unsubstantiated ramps....according to you we would have signed a JV about a dozen times by now.

'Doc posted' ....must be a JV

'The SP's risen by 0.01' ....must be a JV

'The suns come up today'.....must be a JV.

I think I speak for a lot of poster when I say this board would certainly be a better place without your one line baseless ramping posts.

Tamer,

Why have you got to provoke an argument every time?

Just let some reasoned conversation break out and take the win for today.

Seem to be having an issue with my '0' button today ;-(

Lolworth 900km2 under licence

Kuboid Hill 1000 samples

And SP 20% up today ;-)

'potentially' being the key word in that statement IG.

Would be transformational IF it does happen, but I'm not counting any chickens until it does.

We know it's an avenue that the BOD are pursuing and have been public about, so I would say they have at least a reasonable level of confidence on the matter.....but it's b not done until a deal is signed.

Kuboid Hill results to come first ....17 holes drilled and over 100 samples to work through....It's going to get interesting here.

900km2 under license at Lolworth....not 90km2 (apologies)